Trade is the engine of the global economy. Over the last 25 years, trade has increased global incomes by 24%, and by 50% for some of the world’s poorest nations. But opportunities for growth and prosperity can be often missed due to trade barriers and constraints.
To overcome these challenges, the World Bank’s Trade Facilitation Support Program works with countries around the world to improve their cross-border trade environments, better align their trade practices with global standards, and help them reap the rewards of accessing bigger markets.